By: Reuters
4th June 2009
Updated 1 hour 7 minutes agoTEXT SIZE SYDNEY - Several shareholders of Australian miner Oz Minerals have been approached about backing a counter proposal to recapitalise the debt-laden firm, its acting CEO told Reuters on Thursday.
"I think a lot of our shareholders have been approached," Bruce Loveday said, adding, however, that a number of Oz shareholders had already lodged proxy votes in favour of a $1,2-billion sale of assets to Minmetals, a Chinese state-owned firm.
He said Oz has yet to receive any formal proposal.
Earlier, a source briefed on the situation told Reuters that Sydney-based investment advisory firm RFC Group and RBC Capital Markets were working on a recapitalisation proposal for Oz.
The source declined to be identified due to the confidential nature of the discussions.
Edited by: Reuters
By: Reuters4th June 2009 Updated 1 hour 7 minutes agoTEXT SIZE...
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